Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Bid.com International (BIDS) -- Ignore unavailable to you. Want to Upgrade?

To: James W who wrote (15910)	4/1/1999 4:39:00 PM
From: WhatsUpWithThat	Read Replies (2) \| Respond to of 37507

Been lurking for a long time. Wanted to put my two cents worth in but couldn't see coughing up $60 (US!) just for the privilege of sharing my personal wisdom. However, as you now see, ego has overcome my pocketbook! I see and understand what you're saying, Denise, James W, et al, about the technical retracement and double bottom, etc. However, this close was too weird for me and I need some further opinions. Dagan, you, too; you were simply too right twice before, calling a drop v shortly before it happened (hunh, why were you so close, when I don't really believe quite that one person or one messageboard can have so much power? Can't reconcile this one). The swing up started with a sudden whack of asks, a big chunk. Now, ignorant as I am, I figured increases started and continued by being pushed by increases in bids: more buyers than sellers, and they're willing to pay higher prices. This one was opposite, wasn't it, pulled instead of pushed? Someone(s) started offering lots of shares at a higher price, there weren't many offers but they kept chipping away at the increasing asks. And it just kept going! Sure fooled me! I had been holding off all day, thinking there'd be a small sell-off in the 2pm-3pm timeframe and I'd buy in then. Passed up $13, all the way up till I jumped in at $13.65, still wondering if this wasn't, as Dagan said, a suckers rally: driving up the price for a big sell. Sorry about the long post; I guess the pressure's been building for a long time <GGGG> WUWT